Tokuyama (OTCMKTS:TKYMY) Shares Gap Up – Here’s What Happened
by Sarita Garza · The Markets DailyTokuyama Corporation (OTCMKTS:TKYMY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $11.88, but opened at $14.00. Tokuyama shares last traded at $14.00, with a volume of 1,001 shares.
Tokuyama Price Performance
The company has a current ratio of 1.74, a quick ratio of 1.09 and a debt-to-equity ratio of 0.41. The stock has a fifty day simple moving average of $14.00 and a 200-day simple moving average of $13.42. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 13.73 and a beta of 0.16.
Tokuyama (OTCMKTS:TKYMY – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.20 earnings per share for the quarter. Tokuyama had a return on equity of 7.91% and a net margin of 6.41%.The company had revenue of $537.48 million during the quarter.
About Tokuyama
Tokuyama Corporation is a Japan-based chemical manufacturer with operations spanning basic chemicals, specialty materials, cement and life-science products. The company produces caustic soda and chlorine derivatives, as well as soda ash, calcium chloride and other industrial chemicals used in manufacturing, construction and infrastructure applications.
Tokuyama also supplies specialty materials for electronics and advanced manufacturing, including polycrystalline silicon, fumed silica, alumina and other high-purity products.